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CFDs and forex (FX) are complex instruments and come with a high risk of losing money rapidly due to leverage. 62% of retail investor accounts lose money when trading CFDs with this provider. 
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CFDs and forex (FX) are complex instruments and come with a high risk of losing money rapidly due to leverage. 62% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs, FX, or any of our other products work and whether you can afford to take the high risk of losing your money.
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Trade oil on industry-leading prices

Implement your oil trading strategy across futures, options, ETFs and CFDs with Saxo.

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Market-leading prices

Tight spreads and low commissions across all our oil products, with additional discounts as your volume increases.

Trading flexibility

Our range of instruments enables you to go long or short, trade on leverage, hedge, or take a long-term view on oil.

Daily insights

Our commodity analysts provide expert news, analysis and commentary on oil prices and market-moving factors.

Award-winning platforms

Fast and reliable access to the markets from your phone, tablet, laptop or multi-screen desktop setup.

Industry-leading oil prices

We offer three levels of pricing depending on your initial funding and trading volume.

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ClassicPlatinumVIP
  e.g. US Crude (WTI)0.05 pts0.05 pts0.03 pts
  e.g. WTI (LCOH9)3 USD2 USD1 USD
  e.g. LO.xcme2 USD1 USD0.75 USD
  e.g. SPDR S&P Oil & Gas (XOP)0.08% (min. 1 USD)0.05% (min. 1 USD)0.03% (min. 1 USD)
  e.g. Shell, Exxon0.08% (min. 1 USD)0.05% (min. 1 USD)0.03% (min. 1 USD)

Six ways to trade oil with Saxo

Futures

Express a view on oil price movements, with direct market access to optimised liquidity pools for exchange traded futures contracts.

Options

Hedge your portfolio, make a limited-risk directional trade or take advantage of volatility, with a range of crude oil futures options available.

Commodity CFDs

Trade oil with leverage as a contract for difference and go long or short, with full exposure to the underlying asset.

Single stock CFDs

Go long or short and track the performance of oil-producing companies, using a leverage ratio that suits your risk appetite.

ETFs and ETCs

Track the performance of oil and oil-related companies with a range of exchange traded products, including inverse ETFs that give double or triple short exposure.

Stocks

Buy shares in refinery firms to potentially profit on a company’s performance, get full voting rights and receive dividend payments on a per share basis.

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AP

Award-winning trading platforms

The No. 1 for active traders1
The award-winning, multi-device SaxoTraderGO partners seamlessly with SaxoTraderPRO, our professional-grade platform for advanced traders.

Powerful tools and features
Benefit from live charts with 50+ technical indicators, as well as streaming newsfeeds and innovative risk-management tools.

Multi-asset access
Use the same platform and account to trade all our oil products, as well as our full range of 35,000+ instruments across all classes.

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1ADVFN Best Platform for the Active Trader 2018

Start trading oil with Saxo

Register

Choose an account tier and submit your application

Fund

Add funds quickly and securely via debit card or bank transfer

Trade

Access our full range of products for trading oil

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Philip Heymans Alle 15
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Hellerup
Denmark

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All trading and investing comes with risk, including but not limited to the potential to lose your entire invested amount.

Information on our international website (as selected from the globe drop-down) can be accessed worldwide and relates to Saxo Bank A/S as the parent company of the Saxo Bank Group. Any mention of the Saxo Bank Group refers to the overall organisation, including subsidiaries and branches under Saxo Bank A/S. Client agreements are made with the relevant Saxo entity based on your country of residence and are governed by the applicable laws of that entity's jurisdiction.

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